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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (4708)	1/22/2007 4:08:39 PM
From: Hepps	Read Replies (1) of 5205

Uncle Frank, LOL, you're killing me here. You're right, 11 cents isn't going to break the bank, ore even cut into my beer money (I keep that in CDs since I can't afford to loose it); To be clear, I'm under water 43 cents from original purchase; that won't kill me either-- just a deeper hole to dig out from. There's a certain tension between the need for attention to detail-- how we all make our money-- and not getting down in the weeds. As I said, in the end, my conviction that I had made the right choice in the beginning and an instinctual understanding that trading fees are the downfall of many a good decision stopped me from trying to trade good enough for perfect. (the later being the enemy of the former) Options unfortunately give me more... options. I thought this as like a support group, where I could share my moment of weakness... I didn't buy EMC solely to trade, I like the stock at the price. OTOH, the availability of damage repair was tempting. Time will tell Hepps

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